Apartment

FOR SALE

5245 Via San Delarro St.

Los Angeles, CA 90022

Sale Price
$1,995,000
Total Building Area
+6,820 Sq.Ft.
Total Land Area
+10,149 Sq.Ft.
Number of Units

10

ABOUT THE PROPERTY

Maher Commercial Realty is pleased to present 5245 Via San Delarro, a 10-unit multifamily investment offered at $1,995,000 in the heart of East Los Angeles. The property consists of ten units totaling +/- 6,820 square feet of gross building area on a +/-10,149 square foot lot. The asset features 10 parking spaces, including 9 enclosed parking garage spaces, and an oval-shaped swimming pool, two on-site amenities that meaningfully differentiate it within the surrounding East Los Angeles multifamily inventory. At list price, the asset trades at a 6.39% cap rate, a 9.8 gross rent multiplier, $199,500 per unit and $293 per building square foot. Current ownership has completed a comprehensive capital cycle over the past 24 months, including full electrical panel replacement across all ten units, copper supply line plumbing for the entire building with city inspection passed in late 2025, and interior renovations on multiple units including new kitchens and flooring. A new buyer enters a building where the major capital exposure has already been addressed, leaving only a sewer lateral repair as the remaining known deferred maintenance item.

The property sits in the 90022 zip code within the East Los Angeles submarket, an area defined by consistent rental demand, established residential character, and improving transit infrastructure. Residents are minutes from the Metro E Line (formerly the Gold Line) light rail station, providing direct connectivity to Downtown Los Angeles, Little Tokyo, Boyle Heights, and Pasadena. Atlantic Boulevard and Whittier Boulevard serve as the submarket's primary commercial corridors, offering grocery, dining, banking, and daily needs retail within a short drive of the property. East Los Angeles College, the East LA Civic Center, Salazar Park, and Belvedere Park are all in close proximity, and the property benefits from immediate access to the 5, 60, and 710 freeways. The Citadel Outlets in adjacent City of Commerce and the broader Commerce industrial and logistics employment base provide additional regional demand drivers. The East LA submarket recorded $349 million in five plus unit sales volume over the trailing twelve months, signaling consistent institutional and private capital interest in this corridor.

DEVELOPMENT SUMMARY

LIST PRICE:

TOTAL BUILDING AREA:

TOTAL LAND AREA:

NUMBER OF UNITS:

CAP RATE:

GRM:

ZONING:

PRICE PER UNIT:

$1,995,000

+6,820 Sq.Ft.

+10,149 Sq.Ft.

10

6.39%

9.8

LCR4

$199,500

PROPERTY FEATURES

  • 10-unit multifamily investment offered at $1,995,000, representing a 6.39% cap rate and 9.8 GRM – cash flow from day one

  • Capture future upside with one unit set to vacate this year and five units with signed leases scheduled to expires in Q1 2027

  • Strong renter demand for 1-bedroom and 2-bedroom units with private garages and swimming pool, two onsite amenities that meaningfully differentiate the asset within the surrounding East Los Angeles multifamily inventory

  • Ownership made significant property improvements within the past 24 months, including full electrical panel replacement across all ten units, copper supply line plumbing throughout the building, and interior renovations on multiple units

  • Substantial +/- 10,149 SF R4 County-zoned lot providing a generous land-to-building ratio and offering significant long-term site utility within a high-density East Los Angeles residential corridor

  • Located in the 90022 zip code with direct access to the Metro E Line light rail, the 5, 60, and 710 freeways, and the Atlantic and Whittier Boulevard commercial corridors

Want More Details?

FOR MORE INFORMATION PLEASE CONTACT

Nicole Lu 呂尚育
Multifamily, Retail, and Land Specialist

Maher Commercial Realty

310.710.1018
[email protected]
BRE# 02045957

Oron Maher

Broker-Director, Esquire

Maher Commercial Realty

310.464.1453

[email protected]

BRE# 01299093

Office: Los Angeles

Call (310) 464-1453